Number of Wired Telecommunications Carriers Businesses in the US (2000–2023)
As of 2023
7,166
wired telecommunications carriers businesses in the United States
Number of Firms Over Time
Total Employment Over Time
Key Insights
- •The wired telecommunications carriers industry has declined 10% since 2000 (from 7,965 to 7,166 firms).
- •The peak year was 2000 with 7,965 firms.
- •Recent trend (last 5 years): the industry is shrinking (-1.8%).
- •Employment: 827,852 workers in 2023 (-38.7% change since 2000).
- •Estimated 5-year survival rate: 58%.
Year-by-Year Data
| Year | Firms | Establishments | Employment | Entry Rate | Exit Rate | Net Growth |
|---|---|---|---|---|---|---|
| 2023 | 7,166 | 50,594 | 827,852 | 7.0% | 10.4% | -4.7% |
| 2022 | 7,465 | 52,390 | 867,527 | 8.8% | 11.7% | -0.9% |
| 2021 | 7,655 | 54,011 | 875,250 | 6.7% | 11.6% | -8.1% |
| 2020 | 7,342 | 56,611 | 955,395 | 6.9% | 6.5% | -5.0% |
| 2019 | 7,297 | 56,357 | 1,008,718 | 10.6% | 9.8% | -5.3% |
| 2018 | 7,010 | 56,142 | 1,065,014 | 10.2% | 7.0% | +1.8% |
| 2017 | 6,324 | 53,429 | 1,004,840 | 10.4% | 14.1% | -2.5% |
| 2016 | 5,067 | 52,359 | 1,002,761 | 15.0% | 5.2% | +2.8% |
| 2015 | 4,499 | 47,450 | 973,656 | 9.6% | 7.2% | -1.5% |
| 2014 | 4,255 | 46,066 | 987,010 | 20.1% | 11.5% | -2.4% |
Source: U.S. Census Bureau, Business Dynamics Statistics (BDS). Entry/exit rates refer to establishment openings and closings.